Henry Sy Sr., Philippines Richest Man, Dies At 94

Henry Tan Chi Sieng Sy Sr., Philippines Richest Man who became a billionaire and started a shoe store into the biggest retailer in the Philippines died at the age of 94 early morning January 19,2019. Mr. Sy was born in Xiamen, China in November 1924.

Source: Forbes.com

Henry Sy, Sr., the founder of the largest chain of shopping malls “SM MALL” in the Philippines. Sy’s started a small shoe store in 1948, now he owned the SM Investments Corp “SMIC”, SM Prime Holdings, Inc., and BDO Unibank Inc.

Sy’s was listed 10th consecutive years as the Phillippines richest man in Forbes magazine since 2018 until his death.

SM Prime Holdings, Inc. opened the biggest Mall in Asia on May 21, 2006 “The SM Mall of Asia”, later opened the SM Seaside City Cebu on November 2015.

SM Prime Holdings, Inc. now operated 72 shopping malls in the Philippines and named as the biggest operator of shopping centers in the Southeast Asian nation. The company also expand and built more Malls China.

Duterte does not want Steve Harvey to host Miss Universe 2017 in the Philippines

President Rodrigo Duterte has expressed concern after finding out that American comedian Steve Harvey will once again host the Miss Universe Pageant in 2017 when the competition will held in Philippines. Tourism Secretary Wanda Teo revealed this in a press

Duterte, who cursed Obama as a “son of a bitch” Monday, said in a statement through his spokesman that he regretted “it came across as a personal attack on the US President.” “We look forward to ironing out differences arising

Nationals from the following countries are allowed to enter the Philippines without a visa for a period of stay of thirty (30) days or less: Andorra Angola Antigua and Barbuda Argentina Australia Austria Bahamas Bahrain Barbados Belgium Belize Benin Bhutan

MANILA, Philippines – Speaker Pantaleon Alvarez has ordered to recall all vehicle license plates with the number “8”. The order is contained in a memorandum issued to members of the chamber by Cesar Pareja, who is secretary general of the

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